日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

China's superrich families push high-end consumption to $236b

By SHI JING in Shanghai | chinadaily.com.cn | Updated: 2021-01-28 14:03
Share
Share - WeChat
Tourists shop at a duty-free shopping mall in Sanya, South China's Hainan province, on March 12, 2020. [Photo/Xinhua]

Unaffected by the COVID-19 pandemic, China's superrich families' annual consumption slightly climbed in 2020, helping to uphold the total value of the Chinese high-end consumption to reach 1.53 trillion yuan ($236 billion) last year, according to the Hurun China Luxury Consumer Survey 2021 released on Thursday.

It is the 17th consecutive year that the Shanghai-based Hurun Research Institute has released the survey. A total of 409 high-net-worth individuals, two-thirds of whom live in first-tier cities, have been interviewed for the survey, with the average family assets value coming at 42 million yuan.

The average annual consumption equaled to 4.4 percent of the household asset value for the high–net-worth Chinese families in 2020, up 0.6 percentage points from a year earlier. For the ultra-high-net-worth families, average annual consumption accounted for 3.2 percent of their family wealth last year, up 0.6 percentage points from the figure in 2019.

With regard to the Chinese high-end consumption data recorded last year, luxury cars accounted for the majority 670 billion yuan last year, while traditional luxuries such as jewelries and clothing contributing 420 billion yuan. The market value of high-end electronic devices came at 180 billion yuan.

Rupert Hoogewerf, chairman and chief researcher of Hurun Research Institute, said the high-end consumers have undoubtedly grown into an important driving force for the world luxury industry, a trend especially noticeable over the past year.

Chinese domestic high-end consumption market, especially the traditional luxury market, has reported record high growth last year as overseas traveling has significantly fallen due to the epidemic. Almost all the world's leading luxury brands, best represented by Louis Vuitton, have seen their revenue in the Chinese mainland up by 50 percent year-on-year ever since the second quarter of 2020, said Hoogewerf.

"The Chinese mainland now accounts for one-third of the world's high-end consumption and the number is expected to reach 50 percent in five years' time," he added.

A majority 46 percent of the polled billionaires said they will increase the investment in family healthcare in the near future, followed by tourism and children's education.

The surveyed superriches' confidence in the country's economy has been elevated after the epidemic, with 47 percent of the interviewees saying "extremely confident in the Chinese economy", hitting a 10-year high. The high-net-worth individuals also projected that the benchmark Shanghai Composite Index will reach 3,660 points this year.

On the other hand, reducing overseas investment is high on the superriches' agendas in the following years, according to the survey.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 99在线精品视频免费观里 | 色屁屁www影院免费观看软件 | 山岸逢花在线观看无删减 | 黄色免费网站在线观看 | 看全色黄大色黄大片色黄看的 | 亚洲精品一区二区三区福利 | 亚洲欧美日韩中文综合在线不卡 | 国产乱码精品一区二区三区五月婷 | 国产91精品黄网在线观看 | 天天搞天天操 | 中国大陆高清aⅴ毛片 | 精品伊人久久 | 99久久久无码国产精品 | 国产精品69久久久久水密桃 | 草草在线观看 | 精品一区二区三区18 | 欧美日韩免费在线观看 | 久久精品小视频 | 亚洲国产二区 | 香蕉久久一区二区不卡无毒影院 | 欧美日韩亚洲一区二区 | 精品免费国产一区二区三区 | 奶子吧naiziba.cc免费午夜片在线观看 | 国产精品网址 | 麻豆高清免费国产一区 | 欧美性一区二区三区 | 欧美洲视频在线观看 | 免费中文字幕视频 | 精品美女在线观看视频在线观看 | 国产在线精品一区 | 国产精品成人在线 | 亚洲精品一区二区三区在线看 | 成人黄色在线观看 | a久久久久一级毛片护士免费 | 午夜国产亚洲精品一区 | 国产一区精品 | 国产乱码精品一区二区三上 | 玖玖国产 | 热久久伊人 | a级毛片免费高清视频 | a在线观看欧美在线观看 |